BPI INVEST U.S. EQUITY INDEX FEEDER FUND

BPI INVEST U.S. EQUITY INDEX FEEDER FUND


This investment fund, operating as a multi-class Feeder Fund, aims to achieve for its Participants investment returns that closely track the total return of the S&P® 500 Index, before fees and expenses. The fund is the first and only fund in the country to track the performance of one of the major U.S. Stock Indices, the S&P® 500 index. It is also the first multi-currency fund of BPI AMTC, accessible to both US Dollar investors (through Class A) and Philippine Peso investors (through Class P). 
 
The BPI Invest US Equity Index Feeder Fund allows clients to diversify their portfolio, and take advantage of opportunities in the international market by investing in a portfolio of U.S. stocks which belong in the S&P® 500 index through its Target Fund. It is suitable for clients with an aggressive risk profile.
 
This fund is available under the Regular Subscription Plan.  Click here to know more about the RSP.
 
Fund Name   BPI Invest U.S. Equity Index Feeder Fund
Base Currency   U.S. Dollar
Minimum Holding Period   NONE
Trust Fee   0.75% p.a.
Valuation of the Fund   Marked-to-Market Daily
Target Fund   SPDR® S&P500® ETF Trust
 
 
Unit Classes                                       Class A (USD Class)           Class P (Philippine Peso Class)
Minimum Initial Investment              USD1,000                              PHP 50,000    
Minimum Transaction Amount        USD 500                                 PHP 10,000
 
Participation in the Fund shall be open to Participants with legal capacity to contract and who are not considered US persons under the US securities and tax laws, subject to the other conditions, rules or provisions stated in the Plan Rules and those established by the Trustee.

No beneficial owner shall hold more than 10% of the Fund. Any investor who owns more than 10% shall be asked to redeem the amount (or its equivalent number of units) in excess of 10% within thirty (30) calendar days.

 

 

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All funds/products managed by BPI Asset Management and Trust Corporation are Trust and/or Investment Management Funds.  These are NOT DEPOSIT products and are not an obligation of, or guaranteed, or insured by BPI Asset Management and Trust Corporation and are not insured by the Philippine Deposit Insurance Corporation (PDIC).  Due to the nature of the investments, yield and potential yields cannot be guaranteed.  Any income or loss arising from market fluctuations and price volatility of the securities held by the Fund, even if invested in government securities, is for the account of the investor.  As such, units of participation of the trustor in the Fund, when redeemed, may be worth more or be worth less than his/her initial participation/contribution.  Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results.  The Trustee is not liable for losses, unless upon willful default, evident bad faith or gross negligence. Trustors are advised to read the Declaration of Trust, which may be obtained from the office of the Trustee, before deciding to invest.
 
BPI Asset Management and Trust Corporation (BPI AMTC) is a subsidiary of the Bank of the Philippine Islands.
For any inquiries and complaints relating to our services and products, you may call our hotline: (02) 889-10000, send an email to bpi_asset_management@bpi.com.ph or write a letter addressed to BPI Asset Management and Trust Corporation - Consumer Assistance, 7/F BPI Buendia Center, Sen. Gil Puyat Avenue, Makati City 1209.  BPI AMTC as Trustee/Investment Manager is regulated by the Bangko Sentral ng Pilipinas (BSP) with email address at consumeraffairs@bsp.gov.ph.